Afam pfp

Afam

@afam

91 Following
24 Followers


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Afam
@afam
Hard agree on the higher baseline of inflation. At the same time I wonder how this will impact the dollars role in the world. I also expect ever more financial repression in the US focused on forcing banks to hold ever greater debt. The US has manifold advantages but great policy certainly isn’t one of them.
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Afam
@afam
Honestly I understand her comments. From a US perspective globalism has empowered China as a peer competitor. In terms of crypto it will only be a competitor to the US dollar if the US fails to control its debt. Otherwise it will act as an extension of US dollar power through instruments like Stablecoins.
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Dan Romero
@dwr.eth
My ideal individual bank account: - Everything can be accomplished on mobile without talking to someone on the phone - ACH, wire and USDC payments - Ramp / Privacy-style virtual credit cards for everything with cash back - Ability to buy / custody Treasuries
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Afam
@afam
This is a major UX issue for the L2 ecosystem.
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rafa
@rafa
For the love of god, can we please stop with all the different chains and having to bridge money across a thousand L2s. It’s a major UX issue and major frustration. Mint should not require bridging, can you just mint using funds from any compatible L2. Bridge once, mint anytime.
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Afam
@afam
What’s interesting is that I love the Ethereum social layer but am far more convinced by alt L1s technical visions. But until we see applications that face high enough consumer demand a forced resolution is unlikely to be necessary. I really want to see more consumer or B2B apps in crypto.
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Afam
@afam
https://open.spotify.com/episode/6zaUdPzajJMwfVxA4U3X2i?si=Mr-6vtWGTMuMWPe0ynS7Gg A great question asked in this. What is the most important thing you could be working on? My personal follow on. Why are you not working on it? This is something I really needed to hear and think about.
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polynya
@polynya
Current non-spam demand for blockspace is probably 1% of the available supply across all L1s and L2s, yet the crypto world is still obsessed with L1s and L2s. Why is there not a massive push towards applications to fill said blockspace? Please make me understand why I'm wrong and what I'm missing?
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Afam
@afam
A couple of questions on this. What’s the evidence for this claim? Is/ Should efficiency be the only goal when it comes to the provision of public utilities? Do you think this would lead to better outcomes for society as a whole?
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Afam
@afam
Genuine question in what way is this true? I saw that social media refuted a lot of claims but given the size of the fraud do you think they wouldn’t have brought the case against him? Or do you mean the evidence on social media was critical in his conviction?
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polynya
@polynya
Every time I write a post about blockchain applications, there's some backlash that I'm being pessimistic or closed-minded or so Here, I explain how I'm just observing the space and making recommendations based on available evidence https://polynya.mirror.xyz/5Vui-2zxpZAYS9tXtAsBqhsYfvaR4vnUOIHILO_AY2U
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Coop
@coopahtroopa.eth
One of the tougher parts of building consumer apps is seeing dozens of L1s and L2s being valued at multibillion dollar valuations while they entirely rely on strong apps to give them tangible value. Meanwhile... the number of billion dollar+ crypto consumer apps is basically 0
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Afam
@afam
Could you explain further on your point on ‘navigating this world’. To me controlling technology in some way seems a natural part of navigating the world we find ourselves in.
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rafa
@rafa
onchain media is cross-platform
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Afam
@afam
I’ve tried magnesium but never ashwaganda. Did you notice any particular influence from it?
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Afam
@afam
The football gene skipped the boat with me I’m afraid. Meanwhile the rest of my family are footie mad. However naming it soccer is blasphemous. You’ve got my help if you need it for the rename 😂
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Afam
@afam
Thanks 🙌🏿. I love the vibe of it. I rarely posted on X it just felt too busy. Whereas farcaster feels much more approachable. Though I don’t envy them having to maintain that vibe as they grow.
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Afam
@afam
Thanks! I’ve been struggling with going back to sleep when I wake up so I’ll try this. Also I’ll finally buy an Oura ring time to measure and adjust.
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Afam
@afam
When you say you ‘let it happen’ do you mean in the sense you let your mind wonder. Or in a more meditative sense where you disengage from the activity mentally and leave it be?
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Afam
@afam
I really want to buy TIPs but the size of the US gov deficit is so high. Given I’m not American I don’t want to take the risk of dollar depreciation.
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